Where can I find the current form of the HydroDog Principal Owner's Guaranty?
Hydrodog Franchise · 2025 FDDAnswer from 2025 FDD Document
We grant to qualified individuals or entities, who are prepared to make the necessary investment and effort, a franchise to operate a HydroDog Business within a geographic area that we approve (the "Franchise"). HydroDog Businesses operate under the Marks and under the System. Our current form of Franchise Agreement is attached as Exhibit "B" (the "Franchise Agreement"). If you are a corporation, limited liability company or limited partnership (a "Business Entity
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 8–10)
What This Means (2025 FDD)
According to Hydrodog's 2025 Franchise Disclosure Document, the current form of the Principal Owner's Guaranty is attached to the Franchise Agreement as Exhibit "B". The FDD specifies that if the franchisee is a corporation, limited liability company, or limited partnership (referred to as a "Business Entity"), the owners will need to sign the Principal Owner's Guaranty.
This means that if you plan to operate your Hydrodog franchise through a business entity rather than as an individual, you, as the principal owner, will be required to personally guarantee the obligations of the business under the Franchise Agreement. This is a common practice in franchising, as it ensures that the franchisor has recourse to the personal assets of the owner if the business entity fails to meet its financial or contractual obligations.
Prospective franchisees should carefully review Exhibit "B" of the Franchise Agreement, which contains the Principal Owner's Guaranty, to fully understand the scope of the guarantee and the potential liabilities involved. It is advisable to seek legal counsel to discuss the implications of signing such a guarantee before entering into the Franchise Agreement with Hydrodog.